Earlier this year, Cathie Wood released her Big Ideas 2023 report that’s full of dramatic predictions of life-altering changes to come. One of the boldest forecasts concerns the growth of the digital consumer. That includes spending on online goods and services, non-fungible tokens (NFTs), online sports betting, video game software and services, and streaming video and audio. Expenditures in these fields will grow from not-so-humble beginnings of $6.6 trillion in 2022 to a massive $22.5 trillion opportunity by 2030.
Because the investment possibilities span numerous industries, here are seven of the best digital leisure stocks to buy to capitalize on this immense growth trajectory.
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